Org.nr 819 386 552 2021 → 2022 Year-over-year analysis

ONTOGENY GROUP AS: årsregnskap 2022 vs 2021

Grew 131% on revenue, weaker earnings

approved 2023-05-12; registry 2023-06-20; journal 2023 486939

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ONTOGENY GROUP AS. Revenue 982.0k NOK → 2.26m NOK (+130.6%). Net result +52.0k NOK → +16.0k NOK. Equity 1.70m NOK → 1.57m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ONTOGENY GROUP AS.

Scorecard

Revenue
982.0k NOK 2.26m NOK
+130.6%
Operating result
-477.0k NOK -656.1k NOK
-37.6%
Net result
+52.0k NOK +16.0k NOK
-69.3%
Equity
1.70m NOK 1.57m NOK
-7.5%
Cash
757.7k NOK 794.8k NOK
+4.9%
Total assets
4.91m NOK 4.87m NOK
-0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 982.0k NOK to 2.26m NOK (+130.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 757.7k NOK → 794.8k NOK (+4.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -477.0k NOK → -656.1k NOK (op. margin -48.6% → -29.0%). Calculated

  • ↓

    Net result weakened

    Net result +52.0k NOK → +16.0k NOK (net margin 5.3% → 0.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.70m NOK → 1.57m NOK (equity ratio 34.6% → 32.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 84.5k NOK → 496.4k NOK (+487.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 511.4k NOK → 2.41m NOK. Reported fact